Stocks          
   Options
   Futures
 
   
     
Home | Disclaimer | Results | Rules | Subscribe | Contact | Newsletter | Trading Room Login | FREE Stuff     
 

Previous Intraday Trading Session: [ 4/11/2013 ]

Back to Session List
 
TIMEALERTS 
21:45Trades --
Scalpers: -3
Sluggers: -6


 
16:07The ES has finished the day with a bullish flag. Expect higher prices overnight.
Sorry for the duplicate postes on the Instant Alert page. I'll get that fixed.

 
15:53Trade #8 -- Sluggers out at 1588 [+2]

 
15:45Sluggers should lower stops to 1589

 
15:42Sluggers should take profits at 1585

 
15:41Sluggers should lower stops to 1590

 
15:38Trade #8 -- Scalpers out at 1588 [+2]

 
15:15A couple of long wicks. Bearish sign.

 
15:02Trade #8 -- Sell 1590 -- Stop 1592

 
15:00Scalpers out at 1590 [-1]

 
14:59TRADE #7 -- Sluggers OUT AT 1590.50 [+0.5]

 
14:48Scalpers, I would take it. Stop at 1590.

 
14:46Scalpers may wish to consider another short at 1589.

 
14:26>> chart update.
The very bottom blue line is still possible today. Target would be 1580.

 
14:18Look for 1585

 
14:07Scalpers lower Stops to 1590.50

 
13:59Trade #6 -- Scalpers out at 1589 [+2]

 
13:26Oh, I see the times in the Instant Alert box need to be changed to EST.

 
13:25Still time to get in.

 
13:25Trade #7 -- Sell 1591 -- Stop 1592 --> this was published in the Instant Alert box at 12:11

 
13:11Raise that stop to 1593

 
13:09If the current candle finishes down, we short again. Never had so many trades in one day. There is a reversal down here someplace.

 
13:01Trade #6 -- STOPPED OUT AGAIN [-2]

 
12:49Trade #6 -- Sell 1590 -- Stop 1592

 
12:31>> see chart. F-flag forming. Could take us down to 1584.

 
12:13A move back up to the top blue line, coupled with a reversal candle would trigger a short.

 
12:09Let's recap. Got off on the wrong foot by missing the reversal at 9:35, and then continued to stumple through the next hour. Classic example of the psychological hurdles to trading.
Reviewing the current chart, the reversal at 9:35 was right at the blue line. The top at 1593 was just 2 points above the top blue line.
Today should be a reversal day, so we should be looking for a return to the 1580 level.

 
11:45TRADE #5 -- STOPPED OUT AT 1590 [-2]

 
11:21All eyes on 1600

 
11:20Trade #5 -- Buy 1592 -- Stop 1590

 
11:19Waiting for the next 5-minute candle. If not bearish, I'll go long.

 
11:10At this point I don't think indicator matter much. Everyone's mind is going to be on one thing "1600"

 
11:06Top blue line is holding.

 
11:01>> See chart

 
10:59Trade #4 -- Stopped out at 1589.50 [-1.5]

 
10:45Trade #4 -- Raise that stop to 1589.50

 
10:37Trade #4 -- Sell 1587 -- Stop 1589

 
10:26I'm looking for 1590.

 
10:18If I am right, we are going to make one more move higher.

 
10:15Get ready to short again.

 
10:15We should see 1580 at some point today.

 
10:14I see there was a reversal at 9:35. I missed it; too much going on.
Still see the market moving lower today.

 
10:09I'm seeing megaphone patterns on multiple charts.

 
10:05Standing aside for a few minutes.

 
10:03TRADE #3 -- Stopped out 1586 [-1.5]

 
10:01TRADE #3 -- Sell 1584.5 -- Stop 1586

 
09:59TRADE #2 -- Stopped out at 1584 [-1]

 
09:59I do not like this trade. Doesn't feel right.

 
09:55This could flip to the downside fast. Everyone raise stops to 1584.

 
09:53Have to be more careful with my typing.

 
09:51TRADE #2 -- Buy 1585 -- stop 1583

 
09:51TRADE #2 -- Buy 1585 -- stop 1586

 
09:49TRADE #1 -- Sluggers out at 1538.50 [-0.50]

 
09:48This could be a signal to move higher.

 
09:47Sluggers should lower stops to 1583.50

 
09:46Trade #1 -- Scalpers out at 1581 [+2]

 
09:33Trade #1 -- Sell 1583 -- Stop 1584

 
09:21Breaking out of a uncompleted pennant. >> see chart.

 
09:15GM

 
 
 
 Copyright © 2002 - 2015, Handler & Associates, Inc.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.